NYSE:CBS - CBS Stock Price, News, & Analysis

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$48.31 -0.07 (-0.14 %)
(As of 05/21/2019 01:29 AM ET)
Previous Close$48.38
Today's Range$47.93 - $48.39
52-Week Range$41.38 - $59.59
Volume1.20 million shs
Average Volume2.85 million shs
Market Capitalization$18.11 billion
P/E Ratio9.31
Dividend Yield1.49%
Beta1.26
CBS Corporation operates as a mass media company worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services. This segment also operates CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events, as well as a direct-to-consumer digital streaming subscription. This segment also operates Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs. The Publishing segment publishes and distributes adult and children's consumer books in printed, digital, and audio formats; develops special imprints and publishes titles based on the products of the company, as well as that of third parties; and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. The Local Media segment owns 29 broadcast television stations; and operates local Websites, including content from its television stations. The company was founded in 1986 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
CUSIP12485720
Phone212-975-4321

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.51 billion
Cash Flow$5.8915 per share
Book Value$11.60 per share

Profitability

Net Income$1.96 billion

Miscellaneous

Employees12,770
Market Cap$18.11 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

CBS (NYSE:CBS) Frequently Asked Questions

What is CBS's stock symbol?

CBS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBS."

How often does CBS pay dividends? What is the dividend yield for CBS?

CBS declared a quarterly dividend on Friday, February 1st. Shareholders of record on Monday, March 11th will be given a dividend of $0.18 per share on Monday, April 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Friday, March 8th. View CBS's Dividend History.

How were CBS's earnings last quarter?

CBS Co. (NYSE:CBS) announced its quarterly earnings results on Thursday, May, 2nd. The media conglomerate reported $1.37 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.38 by $0.01. The media conglomerate had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.31 billion. CBS had a net margin of 20.32% and a return on equity of 66.79%. The business's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.34 EPS. View CBS's Earnings History.

When is CBS's next earnings date?

CBS is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for CBS.

What price target have analysts set for CBS?

19 brokerages have issued twelve-month price targets for CBS's stock. Their forecasts range from $53.00 to $72.00. On average, they expect CBS's share price to reach $62.9286 in the next year. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for CBS.

What is the consensus analysts' recommendation for CBS?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBS in the last year. There are currently 8 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBS.

What are Wall Street analysts saying about CBS stock?

Here are some recent quotes from research analysts about CBS stock:
  • 1. Barrington Research analysts commented, "We are confident in current management to achieve its stated goals and drive shareholder value." (2/19/2019)
  • 2. Imperial Capital analysts commented, "We remain comfortable with the Coach brand’s global +LSD% comp sales growth trajectory. At retail, we note 3 supportive factors: 1) the recent Selena Gomez capsule that spanned across categories (handbags, ready-to-wear; September), 2) global excitement around the new higher-end Dreamer bag ($495; August), and 3) last fiscal year’s Signature re-launch (don’t lap this until 3Q). In outlets, the new Edit bag sits in the ‘best’ classification within the outlet product pyramid and reflects an increasing focus on improving outlet AUR with innovation at the high-end. In terms of KPIs, conversion remains the largest opportunity overall, aided by the filling in of product gaps, particularly in the $300-$500 handbag bucket." (11/5/2018)
  • 3. Benchmark Co. analysts commented, "We continue to believe CBS represents the best standalone content play remaining on the market and would not be surprised if a bid emerges before the stand-still expires." (11/2/2018)
  • 4. According to Zacks Investment Research, "CBS is benefiting from strong demand for content, rise in retransmission rates and expansion of direct-to-consumer business. Additionally, several strategic deals with Sinclair, AT&T, Nexstar and others have positioned CBS favorably, enabling it to meet retransmission targets much ahead of schedule. Moreover, the company has an average four-quarter positive earnings surprise of 4.53%. For the third quarter, CBS expects Local Media revenues to increase at a double-digit rate as mid-term elections are coming closer. However, currency fluctuations and higher expenditure for original programming might prove to be a drag.  Shares have underperformed the industry on a year-to-date basis." (10/26/2018)

Has CBS been receiving favorable news coverage?

News headlines about CBS stock have trended somewhat negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CBS earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines about the media conglomerate a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are some of CBS's key competitors?

What other stocks do shareholders of CBS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBS investors own include JPMorgan Chase & Co. (JPM), Walt Disney (Dis), AT&T (T), Verizon Communications (VZ), Intel (INTC), Micron Technology (MU), Netflix (NFLX), Starbucks (SBUX), CVS Health (CVS) and Citigroup (C).

Who are CBS's key executives?

CBS's management team includes the folowing people:
  • Mr. Joseph R. Ianniello, Pres & Acting CEO (Age 51)
  • Mr. Anthony G. Ambrosio, Consultant (Age 58)
  • Mr. Lawrence P. Tu, Sr. Advisor to CEO (Age 65)
  • Ms. Jo Ann Ross, Pres of Sales & Chief Advter. Revenue Officer
  • Ms. Christina Spade, Exec. VP & CFO (Age 49)

Who are CBS's major shareholders?

CBS's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (1.42%), Hotchkis & Wiley Capital Management LLC (1.28%), Hotchkis & Wiley Capital Management LLC (1.28%), Investec Asset Management LTD (1.01%), Sound Shore Management Inc. CT (0.98%) and Artisan Partners Limited Partnership (0.92%). Company insiders that own CBS stock include Anthony G Ambrosio, Arnold Kopelson, Bruce S Gordon, Charles K Gifford, Eugene Beukman, Gary L Countryman, Gil D Schwartz, Jonathan Anschell, Joseph R Ianniello and Leslie Moonves. View Institutional Ownership Trends for CBS.

Which major investors are selling CBS stock?

CBS stock was sold by a variety of institutional investors in the last quarter, including Focused Investors LLC, Connor Clark & Lunn Investment Management Ltd., AJO LP, Jennison Associates LLC, Nordea Investment Management AB, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC and State of New Jersey Common Pension Fund D. Company insiders that have sold CBS company stock in the last year include Anthony G Ambrosio, Gary L Countryman, Gil D Schwartz, Jonathan Anschell and Joseph R Ianniello. View Insider Buying and Selling for CBS.

Which major investors are buying CBS stock?

CBS stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Sound Shore Management Inc. CT, Letko Brosseau & Associates Inc., Caisse DE Depot ET Placement DU Quebec, Hawkeye Capital Management LLC, Toronto Dominion Bank, Arrowgrass Capital Partners US LP and Polaris Greystone Financial Group LLC. View Insider Buying and Selling for CBS.

How do I buy shares of CBS?

Shares of CBS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CBS's stock price today?

One share of CBS stock can currently be purchased for approximately $48.31.

How big of a company is CBS?

CBS has a market capitalization of $18.11 billion and generates $14.51 billion in revenue each year. The media conglomerate earns $1.96 billion in net income (profit) each year or $5.19 on an earnings per share basis. CBS employs 12,770 workers across the globe.

What is CBS's official website?

The official website for CBS is http://www.cbscorporation.com.

How can I contact CBS?

CBS's mailing address is 51 WEST 52ND STREET 35TH FLOOR, NEW YORK NY, 10019. The media conglomerate can be reached via phone at 212-975-4321 or via email at [email protected]


MarketBeat Community Rating for CBS (NYSE CBS)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  1,290 (Vote Outperform)
Underperform Votes:  542 (Vote Underperform)
Total Votes:  1,832
MarketBeat's community ratings are surveys of what our community members think about CBS and other stocks. Vote "Outperform" if you believe CBS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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